Varonis Systems (VRNS) Tops Q4 EPS by 7c, Beats on Revenues; Offers FY18 Revenue Outlook Above Consensus

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Go back to Varonis Systems (VRNS) Tops Q4 EPS by 7c, Beats on Revenues; Offers FY18 Revenue Outlook Above Consensus

Varonis Systems (VRNS) PT Raised to $63 at Imperial Capital

February 13, 2018 11:34 AM EST

Imperial Capital raised its price target on Varonis Systems (NASDAQ: VRNS) to $63.00 (from $52.00) while maintaining a Outperform rating.

Analyst Michael Kim commented, "We believe VRNS is continuing to extend its market leadership, with strong license revenue growth of 34% year-over-year (yoy) in 4Q17... More